Turkiye: Imported scrap prices remain stable w-o-w as CY’25 sees slow start

Turkish imported scrap prices (US-origin HMS 80:20) held steady at $346/t w-o-w amid a subdued start to CY’25. Mills made their first imported purchase of CY’25 towards the last weekend.

• One Mediterranean mill booked a US-origin HMS (80:20) bulk cargo at $346/t.
• An Aegean mill secured bulk HMS (80:20) cargo from the US at $346/t.

A US recycler stated higher prices are expected amid positive market sentiments.